EPISODE · Jul 22, 2023 · 2 MIN
Your SaaS Cost of Goods Sold (COGS) Is Probably Wrong
from SaaS Metrics School · host Ben Murray
In episode #9, I address your SaaS cost of goods sold. I review a lot of SaaS P&Ls, and I’d say 90% are set up incorrectly. It’s so important to set up your P&L correctly to manage your business and calculate important SaaS metrics. - What should be included in COGS? - Your revenue streams dictate your COGS departments - Why is COGS important? - Expectations of COGS - It starts with your chart of accounts and dimension coding - Avoid the big bucket of expenses Blog Post on SaaS COGS: https://www.thesaascfo.com/what-should-be-included-in-saas-cogs/ Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page
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Your SaaS Cost of Goods Sold (COGS) Is Probably Wrong
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